Go back

2 Bed Flat For Sale London Road, Leigh-on-Sea, SS9

£250,000- Flat

Yield: 4.44%
1 of 10
Yield: 4.44%
Save
  • Rental Guide: £750 - £925
  • 2 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • No Onward Chain
  • Ground Floor Apartment
  • Purpose Built Complex
  • Allocated Off Street Parking
  • Communal Gardens
  • Close To Local Amenities
  • Long Lease
  • Open Plan Kitchen/lounge
Last Updated: 28th January 2020

Description

Home Estate Agents are pleased to offer this lovely two bedroom ground floor apartment in Leigh-on-Sea within a well maintained purpose built complex. This fantastic flat is available with no onward chain and provides allocated off street parking as well as direct access to communal gardens.

The accommodation comprises; secure communal entrance with private door into; hallway, two bedrooms, bathroom and large open-plan kitchen/lounge. Externally, the apartment provides direct access to well kept communal gardens and also benefits from private allocated off street parking to rear.

The property is served by gas central heating and offers double glazing throughout.

Situated within Endeavour House, a modern purpose built complex in Leigh-on-Sea, this excellent home is within close proximity to local amenities which includes nearby park and mainline railway station, serving London Fenchurch Street for commuters. Also within walking distance is Leigh's fashionable Broadway with its array of bars, cafs, restaurants and popular boutiques.

Ideally suited to first time buyers or prospective purchasers looking for a ground floor apartment, the property is available with no onward chain with internal viewings advised.

Entrance - Secure communal entrance with private door into:

Hallway - Ceiling light, entry phone system, two large storage cupboards, radiator and laminate flooring. Doors into:

Open Plan Kitchen/Lounge - 17'5 x 15'8 (5.31m x 4.78m) -

Lounge Area - Double glazed windows to front and side with fitted blinds, double glazed door leading to patio, two ceiling lights, two radiators and laminate flooring.

Kitchen Area - Base, drawer and cupboard units with rolled edge worksurfaces and matching eye level wall cabinets, space for electric oven,
NEFF four ring electric hob and extractor over, integrated fridge, freezer, NEFF dishwasher, one and a half bowl sink with drainer and taps, underlighting, integrated NEFF washer/dryer.

Bedroom One - 11'5 x 9'10 (3.48m x 3.00m) - Double glazed window to rear with fitted blinds, ceiling light and radiator.

Bedroom Two - 10'1 Max x 7'7 (3.07m Max x 2.31m) - Double glazed window to rear with fitted blinds, radiator, fitted carpet.

Bathroom - Double glazed opaque window to side with fitted blinds, extractor fan, down lights, wash hand basin with mixer tap, bath with taps and shower attachment, WC, walk in shower, heated towel rail, part tiled walls and tiled flooring.

Externally - Access to communal gardens and allocated parking for one car.

You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.
Agent Details
Home
Broadway, Leigh-on-sea, SS9 1AE
Show Contact Number
01702 480 033

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
4.3

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Very good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current record low interest rates encourage house prices as it encourages people to borrow.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages will lead to steady house price growth.
5

Fiscal Policy

Stamp Duty:
£7500
9.1

Comparison with other investment alternatives

Investng in this property will give you a slightly better regular return when compared to other conservatve nvestments.
5

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 2 bedroom property. See more properties like this.

Property Image
6.7
£200,000
Flat
Yield: 6.6%
ROCI: 18%
Property Image
6.4
£210,000
Apartment
Yield: 6.29%
ROCI: 17%
Property Image
6.3
£215,000
Flat
Yield: 6.84%
ROCI: 19%
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
2 bedroom properties in close proximity are mostly listed £750 - £925 – 8 recently listed properties were found in that band. However, the highest were £1,400, £1,100, £1,100.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested